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Bessent, Jerome Powell and Fed

Amid calls for Powell’s ouster, Bessent says Fed chief should serve out his term

Treasury Secretary Scott Bessent offered support for Jerome Powell amid regular attacks from Trump administration officials, saying he sees no reason for the Federal Reserve chair to step down.

· 3h · on MSN

Why Bessent is now saying Powell doesn’t need to resign from Fed

· 9h · on MSN

Bessent says Powell doesn't need to resign but should conduct internal review

· 1d

Trump’s big fiscal dominance play

President Donald Trump wants Federal Reserve Chair Jerome Powell to consider the cost of the government’s ballooning debt service payments when the central bank meets later this month.

· 5h

Trump admin live updates: Bessent says there's no reason for Fed chair to resign

· 5h

Powell calls for 'safe, sound' U.S. bank system as Bessent shows vague support

· 1d

Trump's Fed attacks puncture veneer of central bank independence

The index, in which 0 is no independence and 1 is total independence, shows the US scoring 0.61.

· 3h

Stock Market Today: U.S. Reaches New Trade Pacts; Bessent Sees No Reason for Powell to Leave

· 1d

Trump officials to visit Fed amid renovation probe, Semafor reports

6hon MSN

Market Voices: Bessent on Powell's future, China; GM on EVs

Treasury Secretary Scott Bessent said that the Aug. 12 deadline for most U.S. and Chinese tariffs to take effect will likely be extended. "We’ll be working out what is likely an extension," Bessent told Fox Business on Tuesday,

1hon MSN

Janet Yellen salutes Powell being ‘completely committed to the Fed’s independence’

Former Treasury Secretary Janet Yellen supported Federal Reserve Chairman Jerome Powell finishing his term, which is up in May 2026.

23hon MSN

US Treasury's Bessent calls for review of Fed non-monetary policy operations

U.S. Treasury Secretary Scott Bessent said the Federal Reserve's vital independence on monetary policy is threatened by its "mandate creep" into non-policy areas and he called on the U.S. central bank to conduct an exhaustive review of those operations.

1don MSN

Treasury Secretary Bessent bashes Fed 'fear mongering' over tariffs and says central bank should be reviewed

US Treasury Secretary Scott Bessent weighed in on the latest Fed drama, pointing to the "fear-mongering" around tariffs and the potential for higher inflation.

Trump weighs firing Fed Chair Powell, but Treasury's Bessent warns of market mayhem: Report

As Trump allies intensify criticism of Jerome Powell, Treasury Secretary Scott Bessent urges caution, warning of legal chaos and market turmoil if the Fed chief is removed before his term ends.